Diamond Rings
- Thread starter milehigh
- Start date
Depends on what Milehigh is interested in and what he wants to spend. A three stone ring with either a sapphire, ruby or emerald with diamonds are very attractive rings.
Every single guy knows a "diamond guy" mine in in the Queen East diamond district but only deals in higher grade, cut and clarity stones. If you want cheap and cheerful, the best option might be Blue Nile, decent quality but at nice prices
Correct me if I'm wrong - is the wholesale to retail markup still 100%-200%?
You are not thinking of getting married are you?
http://priceonomics.com/post/45768546804/diamonds-are-bullshit
You are not thinking of getting married are you?
http://priceonomics.com/post/45768546804/diamonds-are-bullshit
The markup is more than that.
Buy a loop. Do a little research on how to critique a diamond and go shopping. You can tell quite a lot regarding quality and then negotiate heavily on price. Lots to choose from.
Or take a trip to the Caribbean. GREAT deals but you have to know what you are doing.
Buy a loop. Do a little research on how to critique a diamond and go shopping. You can tell quite a lot regarding quality and then negotiate heavily on price. Lots to choose from.
Or take a trip to the Caribbean. GREAT deals but you have to know what you are doing.
Ok so I am right. It is a bit of a rip off industry. Will for sure wait till after Holidays. For negotiating, I am assuming they have a huge mark up. How much? Let's keep the numbers simple.... take a ring for 10 grand.... how much is the mark up and how much should you offer.
To answer the question.... getting married...... Its a long story....
To answer the question.... getting married...... Its a long story....
Diamonds are a gigantic ponzi scheme like 99% of our faux economy. The Russians developed a technique using lasers to make diamonds decades ago. They're cheap and plentiful. But they are pretty so much like Gollum they appear to be "precious". Stick with a Gold or Platinum Ring and go with a rare gem stone if you really want to impress.
Huge markup on retail and named brands .. We're talking in excess of 300-400%
Less for independents, particularly diamond dealers and appraisers but still 100-200%. Do some cursory research and you'll find some "wholesalers" that might be able to help you.
^ Big Sleazy is incredibly annoying and wrong about most things .. but diamonds definitely are an artificial rarity commodity.
Less for independents, particularly diamond dealers and appraisers but still 100-200%. Do some cursory research and you'll find some "wholesalers" that might be able to help you.
^ Big Sleazy is incredibly annoying and wrong about most things .. but diamonds definitely are an artificial rarity commodity.
Offer less than 50% of asking price. Of course they will come back with more. Take 75% off of that. Squeeling will take place. Use your loop info. and talk turkey. Make them think you know what you are doing. I bought a ring for my lady. Asking price 11,600. I looped them and spent about 4 hrs negotiating . Bought it for 2500. All in.
Sorry friend - you are fucked. Go visit a family court for a day and see what goes on. There is just way too much downside for men in Canada and the probability for a bad outcome is just too high.
I'm not against the idea of marriage. If the Canadian family courts did not engage in such obvious and persistent bias against fathers and men then there would be nothing to worry about. If things go wrong (50% odds) you should expect that you will go bankrupt - or financially and emotionally decimated at the least.
Think very carefully about what you are doing here.
[video]http://www.vice.com/en_ca/video/heartbreak-hustle-923[/video]
New Documentary Sheds Light On $50-Billion Divorce Industry - to put things into perspective the bridal industry is $2 billion
http://www.huffingtonpost.com/2014/01/06/divorce-documentary_n_4550450.html
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